Domestic News:
1. State Administration for Market Regulation: Platforms requiring merchants to offer "the lowest price across the entire network" may constitute a monopoly.
2. Ministry of National Defense spokesperson Jiang Bin answered reporters' questions regarding the Philippine Ministry of National Defense's hype surrounding the water cannon incident at Xianbin Reef.
3. Minister of Industry and Information Technology Li Lecheng met with Lisa Su, Chairman and CEO of AMD.
4. National Development and Reform Commission and other departments: Aligning with the strictest domestic and international coal pollutant emission requirements, improving the benchmark level for clean and efficient coal utilization.
5. Special Envoy for Asian Affairs of the Ministry of Foreign Affairs will again travel to Cambodia and Thailand on December 18th for shuttle mediation, urging both sides to move towards each other and rebuild peace as soon as possible.
6. It is rumored that MiniMax and Zhipu AI, two of the "AI Six Little Dragons," both obtained filings with the China Securities Regulatory Commission earlier this week and participated in the listing hearing of the Hong Kong Stock Exchange.
7. Ministry of Finance: From January to November 2025, stamp duty reached 404.4 billion yuan, a year-on-year increase of 27%. Among them, securities transaction stamp duty reached 185.5 billion yuan, a year-on-year increase of 70.7%. International News:
1. Bank of Thailand: There are currently no plans to tax gold-related transactions.
2. European Parliament approves agreement to phase out Russian natural gas imports by the end of 2027.
3. White House official: US President Trump has not yet made any new decisions regarding new Russian sanctions.
4. US publishes notice in the Federal Register regarding Swiss tariffs; the US has agreed to modify tariff rates on some goods and expects to reach a trade agreement by the first quarter of 2026.
5. US Treasury Secretary Bessenter: The "Trump Account" can help ensure all Americans own stocks. 38% of Americans do not own stocks; our goal is to reduce that to zero.
6. Federal Reserve – ① Fed Joint Survey: Tariffs continue to plague businesses; prices are expected to rise 4% next year. ② Waller: Monetary policy remains in a restrictive range; there is still room for rate cuts. The job market suggests the Fed should continue to cut rates. Interest rates are 50 to 100 basis points above the neutral rate.
